The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

BELVOIR GROUP PLC

(the "Company", "the Group"�or "Belvoir")

Director/ PDMR Dealing

Belvoir Group plc (AIM: BLV), the UK's largest property franchise, has been notified of the sale of 26,166 ordinary shares of 1p each in the Company ("Ordinary Shares") by David Spackman, Managing Director of Newton Fallowell, at a price of 128.2p each.

Following this transaction David holds 66,785 Ordinary Shares, including 26,785 held by his wife, representing approximately 0.19% of the total issue and voting rights of the company.

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Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	David Spackman
2	Reason for notification	��
a.	Position/Status	Managing Director of Newton Fallowell
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Belvoir Group PLC
b.	LEI	N/A
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the financial instrument, type of instrument Identification Code	� � ISIN:�ISINGB00B4QY1P51
b.	Nature of the transaction	Sale of Ordinary Shares
c.	Price(s) and volume(s)	�	�			�	�	�
		�	Price(s)	Volume(s)	�
			128.2p	26,166	�
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d.	Aggregated information - Aggregated Volume - Price	� 26,166 128.2p
e.	Date of the transaction	22 May 2020
f.	Place of the transaction	London Stock Exchange
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